Scorpex, Inc. (SRPX)

[themostsquirrels]

If he can show good faith and transparency, it may be to his benefit in the long run. But, he will have to become extremely vigilant from now on. Otherwise, people (and the SEC) will always be suspect. I am not invested. But, keeping a close watch. This will be the true test.

[OGINVU]

Joseph Caywood is a scammer and will always be a scammer...I feel for ya if you got caught holding this...

[uksausage]

if they actually could update their pictures and show real progress then perhaps there is a chance they are not a scam.
AFAICT they have yet to take delivery of the expensive de-gasification unit that they have financed at least twice.

Very interested to see what they provide as proof that they were not lying to us - or at least they are seriously developing this plant. It should be ready to go into testing by now so show us the roads, electricity and inside of plant #1.

[Kobe Ginobili]

Crossbones:

Contact Info
10300 W. Charleston Blvd.
Suite 13-160
Las Vegas, NV 89135

Website: http://www.scorpex.com
Phone: [phone]

Update Company Info
Business Description
Scorpex, Inc. is developing its first toxic and hazardous waste storage, treatment, and disposal site near Ensenada, Mexico.

Financial Reporting/Disclosure
Reporting Status Alternative Reporting Standard
Latest Report Aug 28, 2012 Quarterly Report
Regulatory Agency Not Available
CIK 0001040963
Fiscal Year End 12/31
OTC Market Tier Grey Market
Profile Data
SIC - Industry Classification
Incorporated In: NV, USA
Year of Inc. Not Available
Employees Not Available
Company Officers
Joseph Caywood President
Chene Gardner Interim CFO
J.R. Munoz IR
Mary Foster Manager, Ops.
Company Directors
Joseph Caywood
Kenneth Denos
Chene Gardner
Company Notes
Formerly=Steadfast Holdings Group, Inc. until 5-2011
Formerly=Beere Financial Group, Inc. until 10-07
Formerly=Strategic Growth Ventures, Inc. until 5-06
Formerly=Immediate Entertainment Group, Inc. until 1-05
Formerly=Diversified Research, Inc. until 4-97
Service Providers
Auditor/Accountant
Not Available
Legal Counsel
John D. Thomas P.C.
11650 South State Street
Draper, UT, 84020
United States

Investor Relations Firm
Not Available
SRPX Security Details
Share Structure
Market Value1 $9,267,954 a/o Sep 14, 2012
Shares Outstanding 205,954,524 a/o May 21, 2012
Float 81,113,123 a/o Nov 18, 2011
Authorized Shares 460,000,000 a/o Dec 31, 2011
Par Value 0.001
Shareholders
Shareholders of Record 170 a/o Nov 18, 2011
Security Notes
Capital Change=shs decreased by 1 for 250 split. Effective date=1-31-05
Capital Change=shs decreased by 1 for 5 split. Pay-date=5-31-06.
Capital Change=shs decreased by 1 for 2500 split Pay date=10/01/2007.
Capital Change=shs decreased by 1 for 4000 split Pay date=09/26/2008.
Note=Trading temporarily suspended by the SEC pursuant to Section 12(k) of the Securities and Exchange Act of 1934 from 9:30 AM EST on 09/17/2012 through 11:59 PM EST on 09/28/2012.
Capital Change=shs decreased by 1 for 1000 split. Pay date=05/20/2011.
Short Selling Data
Short Interest 13,950 (-78.19%)
Aug 31, 2012
Significant Failures to Deliver No
Transfer Agent(s)
Pacific Stock Transfer Co.

[themostsquirrels]

LAS VEGAS, Sep 21, 2012 (BUSINESS WIRE) -- Scorpex, Inc. (Pink Sheets: SRPX)
(the "Company"), an emerging leader of industrial, hazardous and toxic waste
disposal services in the Baja Mexico/California region, has received a trading
suspension order from the Securities and Exchange Commission (the "SEC") for
"questions concerning the adequacy and accuracy of press releases concerning the
company's operations." The Company was not warned of this action and requested a
list of the items needed to validate each press release in an effort to prove
that all Company press releases are true and accurate. The list of items needed
has not yet been provided by the SEC. The Company believes it is absolutely
necessary to provide all information requested by the SEC immediately upon
receipt of correspondence from the SEC. The official suspension order may be
seen at http://www.sec.gov/litigation/suspensions/2012/34-67868-o.pdf.

Chief Executive Officer Joseph Caywood stated,
"Unfortunately for our shareholders this suspension in
trading may delay opportunities to buy and sell our stock. We do not believe
that it hampers our longer-term operational goals. We intend to meet any
requirements and resume trading on the OTC Markets trading platform as soon as
possible."

About Scorpex, Inc.

Scorpex, Inc. is taking the necessary steps to own and operate a full service
waste disposal and recycling company, capable of storing and disposing all types
of waste, including those classified as industrial, toxic and hazardous. The
location chosen for the first Scorpex plant is strategically positioned to
accommodate the vast region of Baja California, Mexico.

For more information, visit www.scorpex.com

This press release may contain certain forward-looking statements regarding
future circumstances. These forward-looking statements are based upon the
Company's current expectations and assumptions, and are subject to various risks
and uncertainties that could cause actual results to differ materially from
those contemplated in such forward-looking statements. Actual results, events
and performance may differ. Readers are cautioned not to place undue reliance on
these forward-looking statements, which speak only as to the date hereof. The
Company undertakes no obligation to release publicly any revisions to these
forward-looking statements that may be made to reflect events or circumstances
after the date hereof or to reflect the occurrence of unanticipated events. The
inclusion of any statement in this release does not constitute an admission by
the Company or any other person that the events or circumstances described in
such statements are material.

SOURCE: Scorpex, Inc.



CONTACT:
Investor Relations
Franco, Inc.
J.R. Munoz, 310-891-1838

[22hornet]

Interesting development.....

One can't help but wonder if IET-International Environmental Technology of Danville KY may be a source of existing engineering and material/process technology for a legitimate company 'on the cheap'...scorpex having paid the bill for said engineering and if I'm not mistaken claimed or implied that the gasification equipment was being fabricated via a $30MM funding....in fact if my memory serves scorpex ordered an additional $90MM worth of equipment prior to taking delivery of the first order....

Things that make me go 'hmmmm.....'

Perhaps j r munoz could provide some pertinent info?

Maybe norman j birmingham?

[al44]

I wonder when the next one will be now, LOL. eom

[RainmanOregon]

Nope.....Just checked to be sure....see this link...

SRPX = CE

http://www.otcmarkets.com/stock/srpx/quote

[OGINVU]

I guess Joe the wind bag never did file then....looks like just another cash grab from him.....

[RainmanOregon]

Nope...suspended til 9/28.

SRPX SEC Suspension:

http://www.sec.gov/litigation/suspensions/2012/34-67868.pdf

ORDER:

http://www.sec.gov/litigation/suspensions/2012/34-67868-o.pdf

[OGINVU]

nope...

[Renee]

SRPX SEC Suspension:

http://www.sec.gov/litigation/suspensions/2012/34-67868.pdf

ORDER:

http://www.sec.gov/litigation/suspensions/2012/34-67868-o.pdf

[RainmanOregon]

No freaking clue....accumulation for next leg up?

[luckypennyz]

How does a stock go nowhere on half a million shares traded and then up 50% on 77,000?

[RainmanOregon]

Slow day!

[22hornet]

GESI-similar process and financer...and similar forward advancement.


INREFCO-(I had forgotten about INREFCO and thanks to the poster who mentioned them)

[newrock]

Their new web site shows masonry not done by masons, I'm a mason. I see less then a million at NY prices, metal shed without wiring, fencing, non gravel roads and antique equipment. They claimed the would be operational by 3rd qtr. 2012. I don't see where they have even started on a gasification facility. They claim they are valued at 209 mil.? 40 year old CEO's?

[newrock]

Their new web site shows masonry not done by masons, I'm a mason. I see less then a million at NY prices, metal shed without wiring, fencing, non gravel roads and antique equipment. They claimed the would be operational by 3rd qtr. 2012. I don't see where they have even started on a gasification facility. They claim they are valued at 209 mil.? 40 year old CEO's?

[biged1]

That was my point.

If you watch the boards for the other company in this sector (also tied to InRefco for financing), we see that SRPX may have gone silent for a reason...aka financing may have dried up. Anyone heavily invested here may want to call InRefco and ask some questions.

[22hornet]

denos cheney and thomas were at ALTO....

And ALTO has had a 'few problems' lately...

Such as...the former CEO was rumored to have been subpoenaed by the SEC...rumor also had it that he wasn't the only officer to receive summons...

Some on the ALTO ihub board have spoken of...and if I'm not mistaken provided validation...millions (3?) of dollars worth of stock being issued to denos and thomas for something like $90k in loans...

It appears there was an implosion of some kind over at ALTO.

I haven't looked lately but denos cheney and thomas were listed as officers/counsel of srpx...maybe director?...on srpx webpage.

norman j birmingham provided accounting via thomas's office when the srpx ceo gained control of steadfast holdings group shell.

All from memory...may not be accurate or may no longer be accurate...open to correction and discussion.

srpx financials have yet to be produced despite several months time passing by...apparently no financing either despite two or three sources being announced.

[EarnestDD]

NO ... it was a Pump and Dump.
jmo

[biged1]

Anyone else curious why after a flurry of PR's this company has gone silent?

[RainmanOregon]

Nice news, quiet day.

[bhsloves]

I wouldn't be surprised if the 320K bidder at .0101 is fake from these sellers to prop-up the bids so they can sell. I would not bid till this seller is out of the way. JMHO.

[bhsloves]

there's a seller who has over 4M shares and they are selling little by little. don't bother bidding til these shysters move away or sell all their shares. JFYI..

[cash555]

Big things coming.....hide and watch, but what ever you do
put some of this in your portfolio cause it's gonna
fly quickly....

[I own you]

I hope you intended to use the word "response".

[newrock]

Used there email contact, still waiting for responce.

[22hornet]

Where's the financials? april 3 2012 last com from co...

no financials equals DARK

[traderdogzz]

Small pull back...IMHO

[newrock]

Going back down,3 rd qtr. is here and nothing just sold.

[traderdogzz]

Understand.... IMO we r in process of a good uptick

[traderdogzz]

stock looks very very god..imho

[Love the Market]

.08 x .09?? Too bad only 2 "active" MMs on bid and 3 on ask. I sure hope this flys... My avg. is .58 and I'm down .46 after averaging down to many times..... UGH!

[traderdogzz]

imho.. the L2box is looking very very niczzzzzzzzzz

[traderdogzz]

anyone have any updated date on tho play that is good data?

[traderdogzz]

looking good to me.... was shown this at .04...

[Love the Market]

Up to .09 on 39K vol?? Hope something BIG is up so I can get out after a rotten year+ here.....

[EarnestDD]

OR ... rumors of SEC sniffing around the False Claims from SRPX??
jmo

[traderdogzz]

Hearing majior rumors on this one..$$$$$$$$$.... Whales r offshore headed in...

[22hornet]

Of COURSE they did..Utah traffic is a bit rough these days....they'll produce it...

[EarnestDD]

SRPX never really planned to release financials.
jmo

[22hornet]

Where's the audit/financials?

They sure have been promised for a long time...I wonder what the problem could be?

http://finance.yahoo.com/news/Scorpex-Provides-Update-Audit-iw-2554894898.html?x=0

[22hornet]

Sellers and dilution hammering the broker-dealer?

He doesn't want to get stuck holding the bag either...and he won't be.

I wonder what the next spin on financing will be...???

You remember I mentioned NJB a while back?

Take a look at some company officers...gardner denos and thomas....

http://www.google.com/#sclient=psy-ab&hl=en&safe=off&q=gardner+denos+and+thomas&oq=gardner+denos+and+thomas&gs_l=hp.12...9033.18954.5.21341.40.23.7.0.0.2.1544.12198.2j0j2j2j5j7j2j1j1.23.0...2.0.2FkVX2oaR2M&psj=1&bav=on.2,or.r_gc.r_pw.,cf.osb&fp=6cb59fdca1458cfe&biw=1024&bih=395

[bhsloves]

1M share buy order at one penny. I will never buy on the ask, no thanks to short sellers (Market Makers). Sell me your shares, Please...

[Love the Market]

.035 x .07? ABSURD!

[EarnestDD]

Then buy at the ASK ... if its truly going to $0.25, buying at the ask would still be cheap.
LOLOL
jmo

[bhsloves]

I heard its going to .25 cents, please sell me your shares!

[Love the Market]

That does NOTHING for people who bought in at $1.00+

I averaged down to .45 and STILL got SCREWED (with my pants ON)!!

[86IROCZ]

Still not a bad stock to make some $$ from though